Sanctuary Advisors LLC Takes Position in iShares Convertible Bond ETF (BATS:ICVT)

Sanctuary Advisors LLC bought a new position in shares of iShares Convertible Bond ETF (BATS:ICVT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 56,431 shares of the company’s stock, valued at approximately $4,363,000. Sanctuary Advisors LLC owned approximately 0.23% of iShares Convertible Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Susquehanna International Group LLP acquired a new position in shares of iShares Convertible Bond ETF during the second quarter worth about $80,458,000. 1832 Asset Management L.P. boosted its position in iShares Convertible Bond ETF by 162.9% during the 2nd quarter. 1832 Asset Management L.P. now owns 729,587 shares of the company’s stock worth $57,367,000 after acquiring an additional 452,039 shares during the last quarter. Tradewinds Capital Management LLC boosted its position in iShares Convertible Bond ETF by 5,430.7% during the 1st quarter. Tradewinds Capital Management LLC now owns 231,848 shares of the company’s stock worth $18,508,000 after acquiring an additional 227,656 shares during the last quarter. Scarborough Advisors LLC acquired a new stake in shares of iShares Convertible Bond ETF in the fourth quarter valued at approximately $15,394,000. Finally, Certified Advisory Corp acquired a new stake in shares of iShares Convertible Bond ETF in the second quarter valued at approximately $12,818,000.

iShares Convertible Bond ETF Stock Performance

Shares of ICVT opened at $83.59 on Friday. iShares Convertible Bond ETF has a 12 month low of $50.43 and a 12 month high of $58.18. The firm has a fifty day simple moving average of $80.80 and a 200 day simple moving average of $79.37.

iShares Convertible Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.1528 dividend. The ex-dividend date was Tuesday, September 3rd.

About iShares Convertible Bond ETF

The iShares Convertible Bond ETF (ICVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated convertible bonds weighted by market value. The index contains only cash-pay convertibles and excludes mandatory and preferred convertibles.